Montrose Environmental Group, Inc. (MEG)
NYSE: MEG · Real-Time Price · USD
17.94
+1.48 (8.99%)
Nov 20, 2024, 4:00 PM EST - Market closed

MEG Statistics

Total Valuation

MEG has a market cap or net worth of $615.36 million. The enterprise value is $1.00 billion.

Market Cap 615.36M
Enterprise Value 1.00B

Important Dates

The last earnings date was Wednesday, November 6, 2024, after market close.

Earnings Date Nov 6, 2024
Ex-Dividend Date n/a

Share Statistics

MEG has 34.30 million shares outstanding. The number of shares has increased by 6.98% in one year.

Current Share Class 34.30M
Shares Outstanding 34.30M
Shares Change (YoY) +6.98%
Shares Change (QoQ) +2.77%
Owned by Insiders (%) 6.88%
Owned by Institutions (%) 99.41%
Float 31.94M

Valuation Ratios

PE Ratio n/a
Forward PE n/a
PS Ratio 0.85
Forward PS 3.21
PB Ratio 1.37
P/TBV Ratio n/a
P/FCF Ratio n/a
P/OCF Ratio 127.43
PEG Ratio n/a
Financial Ratio History

Enterprise Valuation

EV / Earnings n/a
EV / Sales 1.49
EV / EBITDA 28.61
EV / EBIT n/a
EV / FCF n/a

Financial Position

The company has a current ratio of 1.93, with a Debt / Equity ratio of 0.57.

Current Ratio 1.93
Quick Ratio 1.82
Debt / Equity 0.57
Debt / EBITDA 6.08
Debt / FCF n/a
Interest Coverage -0.72

Financial Efficiency

Return on equity (ROE) is -7.04% and return on invested capital (ROIC) is -1.17%.

Return on Equity (ROE) -7.04%
Return on Assets (ROA) -0.98%
Return on Capital (ROIC) -1.17%
Revenue Per Employee $217,122
Profits Per Employee -$15,466
Employee Count 3,100
Asset Turnover 0.73
Inventory Turnover 99.58

Taxes

In the past 12 months, MEG has paid $658,000 in taxes.

Income Tax 658,000
Effective Tax Rate n/a

Stock Price Statistics

The stock price has decreased by -42.61% in the last 52 weeks. The beta is 1.86, so MEG's price volatility has been higher than the market average.

Beta (5Y) 1.86
52-Week Price Change -42.61%
50-Day Moving Average 24.82
200-Day Moving Average 35.38
Relative Strength Index (RSI) 31.74
Average Volume (20 Days) 689,441

Short Selling Information

The latest short interest is 3.41 million, so 9.95% of the outstanding shares have been sold short.

Short Interest 3.41M
Short Previous Month 3.27M
Short % of Shares Out 9.95%
Short % of Float 10.68%
Short Ratio (days to cover) 4.67

Income Statement

In the last 12 months, MEG had revenue of $673.08 million and -$47.95 million in losses. Loss per share was -$1.50.

Revenue 673.08M
Gross Profit 264.92M
Operating Income -14.40M
Pretax Income -31.88M
Net Income -47.95M
EBITDA 34.97M
EBIT -14.40M
Loss Per Share -$1.50
Full Income Statement

Balance Sheet

The company has $14.50 million in cash and $306.61 million in debt, giving a net cash position of -$292.11 million or -$8.52 per share.

Cash & Cash Equivalents 14.50M
Total Debt 306.61M
Net Cash -292.11M
Net Cash Per Share -$8.52
Equity (Book Value) 542.12M
Book Value Per Share 13.10
Working Capital 118.70M
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $4.83 million and capital expenditures -$23.70 million, giving a free cash flow of -$18.87 million.

Operating Cash Flow 4.83M
Capital Expenditures -23.70M
Free Cash Flow -18.87M
FCF Per Share -$0.55
Full Cash Flow Statement

Margins

Gross margin is 39.36%, with operating and profit margins of -2.14% and -5.28%.

Gross Margin 39.36%
Operating Margin -2.14%
Pretax Margin -5.18%
Profit Margin -5.28%
EBITDA Margin 5.20%
EBIT Margin -2.14%
FCF Margin -2.44%

Dividends & Yields

MEG does not appear to pay any dividends at this time.

Dividend Per Share n/a
Dividend Yield n/a
Dividend Growth (YoY) n/a
Years of Dividend Growth n/a
Payout Ratio n/a
Buyback Yield -6.98%
Shareholder Yield -6.98%
Earnings Yield -7.79%
FCF Yield -3.07%
Dividend Details

Analyst Forecast

The average price target for MEG is $38.67, which is 115.55% higher than the current price. The consensus rating is "Buy".

Price Target $38.67
Price Target Difference 115.55%
Analyst Consensus Buy
Analyst Count 6
Revenue Growth Forecast (5Y) 12.02%
EPS Growth Forecast (5Y) n/a
Stock Forecasts

Stock Splits

This stock does not have any record of stock splits.

Last Split Date n/a
Split Type n/a
Split Ratio n/a

Scores

MEG has an Altman Z-Score of 1.87 and a Piotroski F-Score of 4. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score 1.87
Piotroski F-Score 4